Why You Shouldn't Bet Against 3D Systems (DDD) Stock

One stock that might be an intriguing choice for investors right now is 3D Systems Corporation DDD. This is because this security in the Computer - Mini Computers space is seeing solid earnings estimate revision activity and is in great company from a Zacks Industry Rank perspective.

This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking place in the Computer - Mini Computers space as it currently has a Zacks Industry Rank of 52 out of more than 250 industries, suggesting it is well-positioned from this perspective, especially when compared to other segments out there.

Meanwhile, 3D Systems is actually looking pretty good on its own too. The firm has seen solid earnings estimate revision activity over the past month, suggesting analysts are becoming a bit more bullish on the firm’s prospects in both the short and long term.

3D Systems Corporation Price and Consensus

3D Systems Corporation Price and Consensus | 3D Systems Corporation Quote

In fact, over the past one-month, current quarter estimates have moved from a loss of a penny per share to earnings of a penny per share, while current year estimates have risen from earnings of 12 cents per share to 13 cents per share. The company currently carries a Zacks Rank #3 (Hold), which is also a favorable signal. You can see the complete list of today’s Zacks #1 (Strong Buy) Rank stocks here.

So, if you are looking for a decent pick in a strong industry, consider 3D Systems. Not only is its industry currently in the top third, but it is seeing solid estimate revisions as of late, suggesting it could be a very interesting choice for investors seeking a name in this great industry segment.

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